Announcement
Enhancement of CBL recycling period for external instructions
Settlement | Custody | Connectivity | Liquidity Solutions
Reference
Code
A25037
Service level
CBL
Last Updated
20.06.2025
Further to Announcement A25024, Clearstream Banking1 informs clients that effective
30 June 2025
Benefits for clients
- Harmonisation of automatic cancellation in Europe, including the cancellation periods for German non-CCP stock exchange trades in different custody types (CSC/NCSC-T and NCSC).
- Clean-up of old pending instructions.
- Better management of failing instructions.
Description of the service
For external instructions (not yet transmitted to the domestic market), the 45+15 cancellation process will remain, but has been changed from calendar days to business days.
Further information
For further information, please contact the Clearstream Banking Client Services or your Relationship Manager.
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1. Clearstream Banking refers to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248.